Wael Ghonim on Egypt as a High-Tech Center
Wael Ghohim spoke with Bloomberg today and discussed, among other things, Egypt’s potential as another high-tech center that could rival India. That certainly seems to be a reasonable goal. But it should not come at the expense of thinking about the structural reforms that would be necessary to bring stability to the substantial portion of Egyptian society that has been exluded from the information economy. It is obviously important for Egyptians to get back to work, but those Egyptians that are now striking have good reason: their real salaries do not allow them to live a dignified life. Their demands must be addressed if there is to be a stable social contract going forward.